MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0166344
Elan Ventures Private Limited
Elan Ventures Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹78.25 Lakh
▲ 52% YoY
Net profit · FY 2024
₹6.43 Lakh
Net margin 8.2%
EBITDA · FY 2024
₹27.99 Lakh
EBITDA margin 35.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹18.21 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Elan Ventures Private Limited
Data last updated:
Elan Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 03 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17200MH2014PTC259079. Its GSTIN is 27AADCE7965N1ZW (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Jain Sukh Dugar and Prakash Dugar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Room No. 21/22 2nd Floor 173 Pratap Building Dadi Seth Agyari Lane Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.25 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹6.43 Lakh (net margin 8.2%) and EBITDA of ₹27.99 Lakh (EBITDA margin 35.8%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹18.21 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Elan Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0166344). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17200MH2014PTC259079
Registration Number 259079
Incorporation Date 03 November 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0166344
Key People
Jain Sukh Dugar Director Prakash Dugar Director Recognitions & Rankings of Elan Ventures
Contact details
Elan Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No. 21/22 2nd Floor 173 Pratap Building Dadi Seth Agyari Lane Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Elan Ventures Private Limited, buy the company report.
Comprehensive company report
Elan Ventures Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Elan Ventures is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Elan Ventures Private Limited, buy the company report.
Financials of Elan Ventures Private Limited
FY 2024 filings availableElan Ventures Private Limited reported revenue of ₹78.25 Lakh (up 52% YoY) for FY 2024.
Revenue · FY 2024
₹78.25 Lakh ▲ 52%
Net profit · FY 2024
₹6.43 Lakh margin 8.2%
EBITDA · FY 2024
₹27.99 Lakh margin 35.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 44%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 326%
3 years · compounded
▲ 188%
5 years · compounded
▲ 10%
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 326% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹27.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.43 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.8% | ||||
| Net Profit Margin | 8.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Elan Ventures Private Limited, buy the company report.
Board of directors of Elan Ventures Private Limited
Elan Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jain Sukh Dugar | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
| Prakash Dugar | Director | 03 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Elan Ventures Private Limited is audited by BANSAL BANSAL AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL BANSAL AND COMPANY | FY 2023 | 100986W |
Shareholding
The shareholding of Elan Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elan Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.21 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2022 | 100646874 | Hdfc Bank Limited | ₹18.21 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Elan Ventures Private Limited has 3 court cases on record: 1 filed by Elan Ventures, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Income Tax Officer and 1 other | Disposed |
| Supreme Court | Appeal | Filed against the company by individuals | Disposed |
| High Court | Writ petition | Filed by the company against Assessment Unit Income-Tax Department-Nfac and 2 others | Disposed |
To see the full case history of Elan Ventures Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Elan Ventures Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bansal Bansal & Co | |||
| Carewell Travels & Tour Private Limited | |||
| an individual supplier | |||
| Kwality Air-Tech Engineering Private Limited |
To see the full MSME payment records of Elan Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Elan Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE7965N1ZW | Maharashtra | Active | 19 Oct 2017 |
To see the full GST registrations and return filing status of Elan Ventures Private Limited, buy the company report.
Recent activity
Elan Ventures Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Deepakkumar Roopchand Dugar ceased to be Director on 11 Jun 2021.
AGM
Elan Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Elan Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100646874 was registered on 15 Nov 2022.
Ceased
Deepakkumar Roopchand Dugar ceased to be Director.
Appointed
Jain Sukh Dugar was appointed as Director.
Ceased
Varsha Dugar ceased to be Director.
Appointed
Prakash Dugar was appointed as Director.
Incorporation
03 Nov 2014
Elan Ventures Private Limited was registered on 03 Nov 2014 with Roc Mumbai & aged 11 years 11 months as per MCA records.
Frequently asked questions
Elan Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 November 2014 (12+ years old) and is registered under CIN U17200MH2014PTC259079.
Elan Ventures has 2 current directors:
- Jain Sukh Dugar - Director
- Prakash Dugar - Director
The latest financial statements of Elan Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elan Ventures is 27AADCE7965N1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elan Ventures is U17200MH2014PTC259079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elan Ventures has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the supreme court.
Elan Ventures was incorporated on 03 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepakkumar Roopchand Dugar ceased to be Director on 11 Jun 2021. Jain Sukh Dugar was appointed as Director on 10 Jun 2021. Varsha Dugar ceased to be Director on 29 Mar 2017. Elan Ventures has 4 board changes on record in total.
Yes, Elan Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0166344).
Elan Ventures has 6 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Aug 2023.
The registered office of Elan Ventures is at Room No. 2122 2nd Floor 173 Pratap Building Dadi Seth Agyari Lane Kalbadevi, Mumbai, Maharashtra, India – 400002.